Transition and Physical Risks from Climate Change
First written in FY2020. 3 of 6 entries say "Advanced", first in FY2021. Latest entry: FY2026.
The whole theme swung hardest in 2025: 11 of 71 companies on the "Worse" side.
2 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「[Medium-term targets] By fiscal 2030, reduce the Company’s Scope 1 and 2 emissions by 80% and supply chain Scope 3 emissions by 46.2%. In addition, aim for the amount of emissions reductions contributed to be at least 10 times the Company’s CO2 emissions.」
Compared with its previous reduction targets, the company explicitly set targets to reduce its own Scope 1 and 2 emissions by 80% and to make its contribution to emissions reductions at least 10 times its own emissions. - FY2025AdvancedAnnual report
「Regarding the SBT long-term target, the company obtained SBT net-zero validation in July 2024.」
The company states that it obtained SBT net-zero validation for its climate change initiatives and achieved its medium-term targets, including carbon negative status in 2025, from fiscal 2021 through fiscal 2023. - FY2024MitigatedAnnual report
「東急不動産㈱ joined RE100 in 2019 as the first company in Japan’s real estate industry to do so, and achieved RE100 in 2024 as the first domestic operating company.」
The company has been switching to renewable electricity and states that 東急不動産 achieved RE100 in 2024 as the first domestic operating company. - FY2022AdvancedAnnual report
「Regarding the risks and opportunities climate change presents for the business, the company has conducted analyses under multiple “1.5°C,” “3°C” and “4°C” scenarios across its core urban, resort, residential and renewable energy businesses and reflected the findings in its management strategy.」
The company has specified its response to climate change risks through 1.5°C, 3°C and 4°C scenario analyses across its 4 core businesses and their incorporation into its management strategy. - FY2021AdvancedAnnual report
「In May 2021, the Group obtained SBT validation at the 1.5°C level, the first domestic developer to do so. It aims to reduce CO2 emissions in line with the ambitious 1.5°C target, which is an aspirational goal under the Paris Agreement, and is targeting a 46.2% reduction in CO2 emissions by fiscal 2030 compared with fiscal 2019.」
As a response to climate change risks, the company obtained SBT validation at the 1.5°C level and specified a target of reducing CO2 emissions by 46.2% by fiscal 2030. - FY2020First statedAnnual report
「Transition risks include changes in policy trends, such as stricter laws and regulations including carbon taxes, declining demand for companies unable to adapt to a low-carbon society, and reputational deterioration. Physical risks include impacts on ski resort operations from reduced snowfall caused by global warming, as well as higher costs from building damage and extended construction periods caused by more severe extreme weather. These risks may adversely affect the business.」
Climate change is identified as a material risk, with transition risks such as carbon taxes and physical risks such as reduced snowfall and extreme weather specified in detail.